Search Results for: legal
US seeks record $75m. from marketer for steering victims to Israeli binary scams
July 19th, 2018
While Israeli law enforcement continues to ignore the country’s robust online fraud sector, the United States government has asked a Florida court to impose some $75 million in fines and penalties against a single alleged US-based binary options fraudster. ...
Tonnes of fake goods worth USD 25 million seized in worldwide operations
July 18th, 2018
Pharmaceuticals, food, vehicle parts, tobacco products, clothing, and agrochemicals are among tonnes of fake goods seized in INTERPOL-led operations across four continents. Coordinated by INTERPOL between March and May 2018 in 36 countries across Africa, Asia, the Middle East ...
Woman who once bought bitcoins for $300,000 cash in paper bags sent to prison
July 17th, 2018
A woman who for years went by the name “Bitcoin Maven” on localbitcoins.com—a peer-to-peer website for buying and selling anonymous bitcoins in person—was sentenced Monday to 366 days in federal prison, three years of supervised release, and a $20,000 ...
Australasian lawyers see benefit of doing things differently
July 17th, 2018
Lawyers in Australia and New Zealand are more open to new ways of doing things, a comprehensive new study has found. Peerpoint, Allen & Overy’s consultant lawyer platform, surveyed more than 1,000 lawyers and law students around the world ...
Bitcoin is down 66%. But it still may be the future of money
July 11th, 2018
The price of one bitcoin (XBT) is now hovering around $6,400. That’s a more than 50% drop in 2018 and a 66% plunge from the all-time high of just under $20,000 that bitcoin hit in late December. Other cryptocurrencies, ...
AMF reports websites offering crypto derivatives without authorisation
July 10th, 2018
The Autorité des marchés financiers (AMF) and the Autorité de contrôle prudentiel et de résolution (ACPR) would like to warn the public about a number of unauthorised online investment services in France for derivatives whose underlyings include crypto assets. ...
European Parliament votes down EU copyright laws
July 9th, 2018
MEPs have rejected a proposal to begin negotiations on EU copyright reform. The proposal had been approved by Parliament’s legal affairs committee. The file will now be debated and subject to a vote during the September plenary session. The ...
Initial Coin Offerings: A total of $13.7 billion USD raised the first five months of 2018; Report
July 5th, 2018
The Crypto Valley Association has teamed up again with Strategy&, the strategy and consulting division of CVA member PwC, to launch the June 2018 edition of their quarterly reports on the global Initial Coin Offering (ICO) market. The report, ...
Irrational Beliefs Are Ruling Markets
July 4th, 2018
To understand the consequences of the credit cycle, we must dismiss pure opinion, and examine the evidence rationally. This article assesses the fate of the dollar on the next credit crisis, a subject of increasing topicality. It concludes ...
Controversial EU copyright law to face final vote in European Parliament
July 4th, 2018
The full chamber of the European Parliament has the opportunity today to reject the controversial copyright reform bill that the Legal Affairs Committee passed on June 20. On the floor will be Article 11 and 13, which mandate that ...
